This is a follow up to the trade I posted on 27 Sept and it hit our first target at 1.3250 and I sold at this level last week to 1.3120. Our bigger opportunity will come with a close below the 1.3020 handle that was the March low. A break of the 1.3020 level will open up to 1.2770 with a break below this to target the June lows near 1.2615. However, keep in mind that this pair is still in an uptrend and politics playing a role. We need to see a strong USD and weaker GBP.

GBPUSD - FOLLOW UP 22 OCT

Source: QUEEN OF POUND

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